KLX Operating Income vs Interest Expense Analysis

KLXE Stock  USD 7.00  0.33  4.50%   
KLX Energy financial indicator trend analysis is infinitely more than just investigating KLX Energy Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KLX Energy Services is a good investment. Please check the relationship between KLX Energy Operating Income and its Interest Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KLX Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.

Operating Income vs Interest Expense

Operating Income vs Interest Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KLX Energy Services Operating Income account and Interest Expense. At this time, the significance of the direction appears to have pay attention.
The correlation between KLX Energy's Operating Income and Interest Expense is -0.97. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Interest Expense in the same time period over historical financial statements of KLX Energy Services, assuming nothing else is changed. The correlation between historical values of KLX Energy's Operating Income and Interest Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of KLX Energy Services are associated (or correlated) with its Interest Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Interest Expense has no effect on the direction of Operating Income i.e., KLX Energy's Operating Income and Interest Expense go up and down completely randomly.

Correlation Coefficient

-0.97
Relationship DirectionNegative 
Relationship StrengthSignificant

Operating Income

Operating Income is the amount of profit realized from KLX Energy Services operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of KLX Energy Services is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.
Most indicators from KLX Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KLX Energy Services current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KLX Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
At present, KLX Energy's Issuance Of Capital Stock is projected to increase significantly based on the last few years of reporting.
 2021 2022 2023 2024 (projected)
Total Operating Expenses54.7M127.8M88.1M95.3M
Cost Of Revenue442.5M621.3M745.3M451.9M

KLX Energy fundamental ratios Correlations

0.480.660.82-0.69-0.37-0.830.420.190.820.240.07-0.240.70.70.860.73-0.590.740.870.62-0.43-0.25-0.650.40.03
0.480.880.720.030.43-0.20.960.930.690.930.880.720.830.850.620.81-0.880.830.610.970.390.66-0.890.960.87
0.660.880.89-0.350.32-0.530.790.770.850.690.650.490.920.950.830.96-0.920.940.580.950.270.32-0.950.790.59
0.820.720.89-0.61-0.08-0.760.610.51.00.450.370.150.940.930.960.91-0.80.960.630.86-0.130.01-0.850.590.31
-0.690.03-0.35-0.610.440.970.090.2-0.630.290.390.55-0.39-0.49-0.69-0.480.35-0.52-0.29-0.170.480.650.390.10.46
-0.370.430.32-0.080.440.370.450.7-0.120.550.70.80.060.23-0.080.23-0.40.15-0.150.311.00.64-0.350.460.67
-0.83-0.2-0.53-0.760.970.37-0.140.0-0.760.070.20.41-0.55-0.66-0.82-0.650.54-0.69-0.49-0.380.410.490.58-0.130.26
0.420.960.790.610.090.45-0.140.920.570.970.880.710.70.790.510.75-0.860.750.610.880.40.74-0.851.00.89
0.190.930.770.50.20.70.00.920.460.950.940.870.630.740.40.68-0.840.690.360.840.660.8-0.820.930.95
0.820.690.851.0-0.63-0.12-0.760.570.460.410.340.130.940.90.950.87-0.760.940.610.83-0.18-0.03-0.820.560.27
0.240.930.690.450.290.550.070.970.950.410.940.820.60.660.330.61-0.770.610.490.810.510.85-0.750.980.96
0.070.880.650.370.390.70.20.880.940.340.940.940.580.580.240.51-0.670.530.310.770.670.82-0.660.890.95
-0.240.720.490.150.550.80.410.710.870.130.820.940.40.380.010.32-0.50.33-0.010.590.80.86-0.470.730.91
0.70.830.920.94-0.390.06-0.550.70.630.940.60.580.40.90.840.86-0.80.920.570.930.020.2-0.850.70.48
0.70.850.950.93-0.490.23-0.660.790.740.90.660.580.380.90.880.96-0.961.00.580.910.170.27-0.980.780.54
0.860.620.830.96-0.69-0.08-0.820.510.40.950.330.240.010.840.880.9-0.750.920.670.78-0.14-0.12-0.80.490.19
0.730.810.960.91-0.480.23-0.650.750.680.870.610.510.320.860.960.9-0.920.960.630.890.170.24-0.940.740.48
-0.59-0.88-0.92-0.80.35-0.40.54-0.86-0.84-0.76-0.77-0.67-0.5-0.8-0.96-0.75-0.92-0.93-0.55-0.89-0.34-0.430.99-0.86-0.65
0.740.830.940.96-0.520.15-0.690.750.690.940.610.530.330.921.00.920.96-0.930.60.910.10.21-0.960.740.49
0.870.610.580.63-0.29-0.15-0.490.610.360.610.490.31-0.010.570.580.670.63-0.550.60.65-0.220.07-0.60.580.32
0.620.970.950.86-0.170.31-0.380.880.840.830.810.770.590.930.910.780.89-0.890.910.650.260.46-0.910.870.73
-0.430.390.27-0.130.481.00.410.40.66-0.180.510.670.80.020.17-0.140.17-0.340.1-0.220.260.63-0.30.410.64
-0.250.660.320.010.650.640.490.740.8-0.030.850.820.860.20.27-0.120.24-0.430.210.070.460.63-0.370.760.92
-0.65-0.89-0.95-0.850.39-0.350.58-0.85-0.82-0.82-0.75-0.66-0.47-0.85-0.98-0.8-0.940.99-0.96-0.6-0.91-0.3-0.37-0.84-0.63
0.40.960.790.590.10.46-0.131.00.930.560.980.890.730.70.780.490.74-0.860.740.580.870.410.76-0.840.9
0.030.870.590.310.460.670.260.890.950.270.960.950.910.480.540.190.48-0.650.490.320.730.640.92-0.630.9
Click cells to compare fundamentals

KLX Energy Account Relationship Matchups

KLX Energy fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding4.5M6.5M8.7M11.3M15.7M16.5M
Total Assets623.4M362.7M387.7M465.9M539.8M485.5M
Other Current Liab33.4M36.4M26.1M45.8M40M33.8M
Total Current Liabilities64.8M77.7M122.7M154.4M164.1M102.1M
Total Stockholder Equity312.2M32.1M(51.4M)(15.8M)38.8M36.9M
Other Liab3.4M4.6M1M800K720K684K
Net Tangible Assets238.1M29.6M(53.6M)(17.9M)(16.1M)(15.3M)
Property Plant And Equipment Net306.8M203.7M218.4M205.5M242.9M246.1M
Retained Earnings(100.9M)(433.1M)(525.3M)(528.6M)(509.4M)(534.9M)
Accounts Payable31.4M39.4M72.1M84.2M87.9M56.3M
Cash123.5M47.1M28M57.4M112.5M73.2M
Non Current Assets Total394.9M212M223M211.2M249.5M276.0M
Non Currrent Assets Other14M5.8M4.6M3.6M4.8M5.8M
Other Assets14M5.8M2.4M3.6M1.00.95
Net Receivables79.2M67M103.2M154.3M127M103.8M
Liabilities And Stockholders Equity623.4M362.7M387.7M465.9M539.8M485.5M
Non Current Liabilities Total246.4M252.9M316.4M327.3M336.9M237.8M
Inventory12M20.8M22.4M25.7M33.5M20.5M
Other Current Assets13.8M15.8M11.1M17.3M19.9M12.0M
Other Stockholder Equity412.9M465.1M473.8M512.7M548.1M511.8M
Total Liab311.2M330.6M439.1M481.7M501M339.9M
Property Plant And Equipment Gross271.9M306.8M203.7M205.5M625.1M656.4M
Total Current Assets228.5M150.7M164.7M254.7M290.3M209.5M
Non Current Liabilities Other4.7M3.4M4.6M800K400K380K
Intangible Assets30.3M45.8M2.5M2.1M1.8M1.7M
Property Plant Equipment306.8M203.7M218.4M205.5M236.3M243.1M
Net Invested Capital582.9M555.2M276M267.6M323.1M297.3M
Net Working Capital223.1M163.7M73M100.3M126.2M96.6M
Short Long Term Debt Total243M250.2M336.9M350.9M365.4M327.9M
Net Debt119.5M203.1M308.9M293.5M252.9M230.3M
Cash And Short Term Investments123.5M47.1M28M57.4M112.5M71.0M
Deferred Long Term Liab900K700K400K1.7M2.0M1.1M
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards KLX Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, KLX Energy's short interest history, or implied volatility extrapolated from KLX Energy options trading.

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When determining whether KLX Energy Services is a strong investment it is important to analyze KLX Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KLX Energy's future performance. For an informed investment choice regarding KLX Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KLX Energy Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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Is KLX Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of KLX Energy. If investors know KLX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about KLX Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.51)
Earnings Share
1.22
Revenue Per Share
56.949
Quarterly Revenue Growth
(0.13)
Return On Assets
0.0684
The market value of KLX Energy Services is measured differently than its book value, which is the value of KLX that is recorded on the company's balance sheet. Investors also form their own opinion of KLX Energy's value that differs from its market value or its book value, called intrinsic value, which is KLX Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because KLX Energy's market value can be influenced by many factors that don't directly affect KLX Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between KLX Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if KLX Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KLX Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.